SOUTHWEST SUBURBAN FEDERATION OF T… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1946

Legal Domicile

Principal Officer

ELAINE BARLOS

Phone

7086330943

Tax Period

2024-01-01 to 2024-12-31

SOUTHWEST SUBURBAN FEDERATION OF TEACHERS LOCAL 943, founded in 1946, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024.

Mission

A LABOR ORGANIZATION WHOSE MAIN OBJECTIVE IS TO ORGANIZE WORKERS FOR THEIR ECONOMIC, MORAL, AND ADVANCEMENT OF THEIR CONDITION AND STATUS AND IMPROVE THE STATUS OF TEACHERS AND OTHER BARGAINING UNIT MEMBERS THOUGH THE VARIOUS SCHOOL DISRICTS WITHIN THE LOCAL'S JURISDICTION.

Program Service Accomplishments

Program 1

TO ORGANIZE WORKERS FOR THEIR ECONOMIC, MORAL, AND ADVANCEMENT OF THEIR CONDITION AND STATUS AND IMPROVE THE STATUS OF TEACHERS AND OTHER BARGAINING UNIT MEMBERS THOUGH THE VARIOUS SCHOOL DISRICTS...

TO ORGANIZE WORKERS FOR THEIR ECONOMIC, MORAL, AND ADVANCEMENT OF THEIR CONDITION AND STATUS AND IMPROVE THE STATUS OF TEACHERS AND OTHER BARGAINING UNIT MEMBERS THOUGH THE VARIOUS SCHOOL DISRICTS WITHIN THE LOCAL'S JURISDICTION AND TO NEGOTIATE AND ADMINISTER COLLECTIVE BARGAINING AGREEMENTS, HANDLE MEMBER GRIEVANCES AND ACT AS THE EXCLUSIVE REPRESENTATIVE FOR ITS MEMBERS IN HANDLING LABOR/MANAGEMENT DUTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,018,318

Investment Income $3,877

Other Revenue $85,410

TOTAL REVENUE $2,107,605

Expense Breakdown

Grants Paid $10,560

Salaries & Benefits $180,408

Fundraising Expenses $0

Other Expenses $1,893,716

TOTAL EXPENSES $2,084,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,107,605	$2,035,538	+0.0%
Expenses	$2,084,684	$2,028,631	+0.0%
Net Income	$22,921	$6,907	+2.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$88,157

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELAINE BARLOS	PRESIDENT	16.00	Officer	$23,771	$0	$23,771
ANDREW WEBER	VP POLITICAL	6.00	Officer	$18,793	$0	$18,793
ALFREIDA JAMISON	TREASURER	12.00	Officer	$16,899	$0	$16,899
ELAINE BERNAL	VP EDU/PROF	4.00	Officer	$11,494	$0	$11,494
CATRINA NIVEN	SECRETARY	4.00	Officer	$10,836	$0	$10,836
ROBERT GOLDSBURY	VP COMM/PUBL	4.00	Officer	$6,364	$0	$6,364

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,107,605	$2,084,684	$648,022	$22,921
2023	$2,035,538	$2,028,631	$654,691	$6,907
2022	$2,030,179	$1,992,289	$684,336	$37,890
2021	$1,991,505	$1,959,977	$469,679	$31,528
2020	$1,970,922	$1,952,180	$605,049	$18,742
2019	$1,995,900	$1,947,028	$617,294	$48,872
2018	$1,918,180	$1,933,051	$565,731	$-14,871

SOUTHWEST SUBURBAN FEDERATION OF TEACHERS LOCAL 943